Financials
Financial year 2025
MGF PARTNERS from Elsene, company number BE0722544981, closed financial year 2025 with a result of € 1,705 after tax. For that financial year MGF PARTNERS recorded a gross margin of € 2,295 and equity of € 19,776. Compared with financial year 2024, the result moved from € -29,019 to € 1,705. Profitable, and profit is growing. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 13, 2026.
€ 19,776
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,705
▲ still € 29,019 loss in 2024
Profit after tax over the fiscal year.
€ 118,811
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 154,408 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 958
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,212
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,178
▲ 158% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,766 | € 165,736 | € -25,850 | € 2,295 | ▲ € 28,145 |
| Profit after taxes | € 27,656 | € 132,458 | € -29,019 | € 1,705 | ▲ € 30,723 |
| Equity | € 69,040 | € 201,498 | € 172,480 | € 19,776 | ▼ 89% |
| Total debts | € 15,630 | € 196,415 | € 4,889 | € 158,799 | ▲ € 153,909 |
| Cash | € 14,196 | € 61,711 | € 107,170 | € 118,811 | ▲ 11% |
| Retained profit | € 50,440 | € 182,898 | € 153,880 | € 1,176 | ▼ 99% |
| Dividend | € 0 | € 0 | € 0 | € 154,408 | |
| Balance sheet total | € 84,670 | € 397,913 | € 177,369 | € 178,575 | ▲ 1% |
Key figures of MGF PARTNERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MGF PARTNERS?
What happened at MGF PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,705. Source: NBB ↗
- Grégory FOSSEY became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,656 profit in 2022 to € 1,705 profit in 2025.
Paid € 52,097 in corporate taxes since 2022.
Best year ever: 2023, with € 132,458 profit.
Paid out € 154,408 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Grégory FOSSEY
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Berkendaalstraat 185
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.544.981
- VAT number
- BE 0722.544.981
- Registered office
- Berkendaalstraat 185, 1050 Elsene
- Names & denominations
- MGF PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2019
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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